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Four-Building Industrial Business Park 3 Industrial Properties Offered at $9,523,570 CAD in Houston, TX
Investment Highlights
- Newer four-building industrial business park totaling approximately 38,400 SF on 3.71 acres (four ±9,600 SF single-tenant buildings).
- Stable in-place income from four separate single-tenant leases with 5–6 year terms and staggered expirations, reducing rollover risk.
- Institutional-style design with ±2,000 SF office per building (reception, 4 offices, conference room, break room, office restrooms, warehouse restroom
- Located in West Houston’s Energy Corridor submarket with quick access to I-10, Beltway 8, and Grand Parkway TX-99.
- Predictable contractual rent growth with scheduled annual increases across all four leases through at least 2028.
- Modified gross lease structure with tenants handling most maintenance obligations per their leases, limiting landlord operational burden.
Executive Summary
Investment highlights
PRICE:
Offered at a 6.7% CAP, forward CAP 7% (12 mo)
OFFERING SUMMARY:
Longhorn Road Business Park is a prime, fee-simple industrial investment consisting of four single-tenant 9,600 SF buildings (38,400 SF total) on 3.71 acres, all leased on 5–6 year modified-gross terms, providing stable income with limited near-term rollover risk. Located just north of Houston’s Energy Corridor with direct connectivity to I-10, Beltway-8, and the Grand Parkway, the property offers strong tenant demand drivers and convenient access to restaurants, retail, and services.
At the current asking price of 7,000,000, the asset generates a current NOI of approximately 463,246, with scheduled rent increases driving forward 12-month NOI to roughly 472,196 and a forward cap rate of about 7%. All four buildings feature separate electrical, water, and sewer connections, individual metering, 3-phase 480-volt 200-amp service, fenced yards, high-efficiency LED-lit warehouse space with 16-foot eaves, and functional 2,000 SF office build-outs with mezzanine, supporting a wide range of industrial users.
Risk is further mitigated by diversified income across four tenants, staggered contractual rent escalations and expirations, and reduced insurance costs attributable to the on-site fire water tank. The combination of modern construction, strong submarket fundamentals, predictable rent growth through 2028, and minimal landlord responsibilities positions Longhorn Road Business Park as an attractive long-term hold for investors seeking durable, increasing cash flow in West Houston.
INDIVIDUAL BUILDING HIGHLIGHTS:
• 4 offices, conference room, break room, 3 restrooms
• 16 foot eave
• 3 - 14’ x 14’ overhead doors
• Fenced in private yard space
• Near energy corridor, just north of I-10
• Individual metering
• 3-Phase 480 volt / 200 amp services
• Private water and septic (each building)
• ± 700 SF Mezzanine over office
• High-efficiency LED lighting in warehouse
• Various internet options
PRICE:
Offered at a 6.7% CAP, forward CAP 7% (12 mo)
OFFERING SUMMARY:
Longhorn Road Business Park is a prime, fee-simple industrial investment consisting of four single-tenant 9,600 SF buildings (38,400 SF total) on 3.71 acres, all leased on 5–6 year modified-gross terms, providing stable income with limited near-term rollover risk. Located just north of Houston’s Energy Corridor with direct connectivity to I-10, Beltway-8, and the Grand Parkway, the property offers strong tenant demand drivers and convenient access to restaurants, retail, and services.
At the current asking price of 7,000,000, the asset generates a current NOI of approximately 463,246, with scheduled rent increases driving forward 12-month NOI to roughly 472,196 and a forward cap rate of about 7%. All four buildings feature separate electrical, water, and sewer connections, individual metering, 3-phase 480-volt 200-amp service, fenced yards, high-efficiency LED-lit warehouse space with 16-foot eaves, and functional 2,000 SF office build-outs with mezzanine, supporting a wide range of industrial users.
Risk is further mitigated by diversified income across four tenants, staggered contractual rent escalations and expirations, and reduced insurance costs attributable to the on-site fire water tank. The combination of modern construction, strong submarket fundamentals, predictable rent growth through 2028, and minimal landlord responsibilities positions Longhorn Road Business Park as an attractive long-term hold for investors seeking durable, increasing cash flow in West Houston.
INDIVIDUAL BUILDING HIGHLIGHTS:
• 4 offices, conference room, break room, 3 restrooms
• 16 foot eave
• 3 - 14’ x 14’ overhead doors
• Fenced in private yard space
• Near energy corridor, just north of I-10
• Individual metering
• 3-Phase 480 volt / 200 amp services
• Private water and septic (each building)
• ± 700 SF Mezzanine over office
• High-efficiency LED lighting in warehouse
• Various internet options
Data Room Click Here to Access
Property Facts
| Price | $9,523,570 CAD | Number of Properties | 4 |
| Price / SF | $330.68 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.70% | Total Building Size | 28,800 SF |
| Sale Type | Investment | Total Land Area | 4.01 AC |
| Status | Active |
| Price | $9,523,570 CAD |
| Price / SF | $330.68 CAD / SF |
| Cap Rate | 6.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 28,800 SF |
| Total Land Area | 4.01 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3406 Longhorn Dr, Houston, TX 77084 | Industrial | 9,600 SF | 2022 | - |
| 3410 Longhorn Dr, Houston, TX 77084 | Industrial | 9,600 SF | 2023 | - |
| 3414 Longhorn Dr, Houston, TX 77084 | Industrial | 9,600 SF | 2023 | - |
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Four-Building Industrial Business Park
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